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Information Availability as Driver of Information Security Investments: A Systematic Review Approach Duy P.T. Dang & Mathews Z. Nkhoma

Dang_2013_ICIME

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Page 1: Dang_2013_ICIME

Information Availability as Driver of Information Security Investments: A Systematic Review Approach

Duy P.T. Dang & Mathews Z. Nkhoma

Page 2: Dang_2013_ICIME

The problems

Making investment decisions for information security is difficult:

–Too much uncertainty / asymmetric information

–What are the values of information security investments?

–How to measure ROI?

Low information security investments

Firms are at risks against cyber-threats

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The current solutions

Encourage information

sharing

Reduce asymmetric information

Improve awareness

about information

security

Improve investment in information

security

Does Information only has indirect driving relationship

with Information security investments through the

increase of Awareness?

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Research questions

•RQ1: What have been done to investigate their

driving function since 2007?

•RQ2: Can information availability (internal and

external) drive information security investments?

Information Availability’s role in investment is

emphasised

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Research methodology

• Systematic Literature Review–Contemporary literature review method–Covers detailed information during the LR process that is

identifiable and reproducible for future research

• Consists of two parts:–Descriptive analysis:

Provides the big picture of the literature’s themeDescriptive statistics to identify the trends over periods of time

–Thematic analysis:How to reproduce the LR processIdentify the themes and analyse the collected data to come up

with organised findings

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Research findings (1) – Descriptive Analysis

RQ1: What have been done to investigate IA driving function

since 2007?

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Research findings (1) – Descriptive Analysis

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Research findings (2) – Thematic Analysis

RQ2: Can information availability (internal and external) drive

information security investments?

• Few confirmatory studies indicate that information can directly drive

information security investments; despite

–The exploratory literature suggests information availability can

contribute to evaluation of needs to invest in information security

–Focuses much on development of new tools and methods to

evaluate information security investments

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Synthesis and the way forward

•We encourage future research to focus on

investigating the driving function of Information

Availability to information security investments

•We are also conducting an ongoing research on

this topic by surveying 500+ IT decision-makers

in Vietnam

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Synthesis and the way forward

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Q&A

•Duy Dang

[email protected]

–http://rmit.academia.edu/duydang

•Dr. Mathews Nkhoma

[email protected]

–http://rmit-vn.academia.edu/MATHEWSNKHOMA